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Cryptocurrency News Articles

Top 4 AI-Based Altcoins That Have the Potential to Record Massive Gains During the Upcoming Bull Rally

Jul 01, 2024 at 03:01 pm

The cryptocurrency market started the month of July on a positive note after recording a strong bearish price sentiment over the past month.

Top 4 AI-Based Altcoins That Have the Potential to Record Massive Gains During the Upcoming Bull Rally

The cryptocurrency market started July on a positive note after recording a strong bearish price sentiment over the past month. Moreover, the market leader, BTC price, has surged 4.38% over the past day with a 24-hour high of $63,700 and a trading volume of $21.47 Billion.

Furthermore, top Artificial Intelligence (AI) tokens have successfully regained momentum and have recorded a significant uptrend in their respective portfolios. Moreover, with the rising hype of the AI category, will these altcoins dominate the crypto market during the upcoming bull rally?

Let’s go as, in this article, we have covered the top 4 AI-based altcoins that have the potential to record massive gains during the upcoming bull rally.

Zignaly (ZIG):

This project is a Web 3 AI-powered revenue-generating social investment platform for the new generation. The platform is widely used to connect the world’s best fund managers and digital asset investors. Its native token “ZIG” acts as a utility token on the Zignaly ecosystem.

Positively, this altcoin has jumped 12.61% in valuation within the past 24 hours and 64.56% over the past week. Moreover, it has added 31.76% to its portfolio within the past 30 days and has rewarded its long-term investors with a Year-to-Date (YTD) return of +371.62%.

The technical indicator, SMA displays a bullish curve in the price chart, suggesting a strong bullish sentiment in the crypto market. On the other hand, the MACD shows a constant rise in the histogram with its averages recording a similar trend.

With the increasingly bullish sentiment, the ZIG price could head toward its upper high of $0.190 in the coming time. However, a bearish reversal could pull the price toward its low of $0.075 during the upcoming weeks.

XMON (XMON):

Built on the Ethereum chain, the XMON project serves as a utility token on the Oxmonos Non-fungible Token (NFT) ecosystem. Oxmonos is a platform known for the creation and trading of neural net-generated pixel monster NFTs. The XMON token plays a crucial role in the functionality and economy of this ecosystem.

With a trading price of $677.49, a circulating supply of just 1,495 XMON tokens, and a total supply of 10,000. The XMON altcoin has secured the 1,757th position in the global crypto list with a market capitalization of $1,012 Million.

Positively, the AI token has surged 18.99% within the past day with a change of -69.24% in its trading volume. Moreover, the XMON price has added 19.22% over the past week. Further, it has jumped 4.88% over the past month, indicating a rising bullish sentiment for it in the crypto space.

Marlin (POND):

The Marlin is a high-performance open protocol that offers a programable infrastructure for Decentralized finance (DeFi) and Web 3.0. Notably, the nodes of Marlin are labeled as Metanodes. These nodes operate the MarlinVM that provides a virtual router interface for developers to develop unique overlays.

With a trading price of $0.02013, a circulating supply of 8,087,375,977 POND, and a total supply of 10,000,000,000 POND tokens. This altcoin has claimed the 273rd position in the global crypto list with a market capital of $161.76 Million.

With the ongoing bullish sentiment, the POND price may head towards its yearly high of $0.3760 during the upcoming weeks. Conversely, in case of a trend reversal, the AI token may plunge toward its yearly low of $0.012.

TRVL (TRVL):

Dtravel (TRVL) is a peer-to-peer (P2P) rental ecosystem built on the Nite protocol. Its native token “TRVL” acts as the payment system in the ecosystem. The project has a primary aim of solving problems related to connectivity, trust, and distribution.

Notably, this Artificial Intelligence (AI) token has added 3.48% to its portfolio within the past 24 hours with a trading volume of $425,100, a change of +0.76%. Furthermore, it has jumped 4.52% over the past week and has a YTD return of 22.61%, highlighting long-term bullish sentiment.

At the

News source:coinpedia.org

Disclaimer:info@kdj.com

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